Purchase of Service Credit for members of PERS and TPAF

Purchase of Service Credit for members of PERS and TPAF

Because your retirement benefit is based in part on the amount of service credit posted to your retirement system account, purchasing additional service credit — if you are eligible to do so — may increase your retirement benefit or permit you to retire sooner. To purchase State, federal, or military service you must meet specific eligibility requirements. http://www.nj.gov/treasury/pensions/p...